Dev Raga Personal Finance

222 stock market myths + wrap accounts


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Dev unpacks 10 myths about the stock market:

๐Ÿ‘‰๐Ÿพ investing in the stock market is gambling
๐Ÿ‘‰๐Ÿฟ the stock market is only for rich people
๐Ÿ‘‰๐Ÿป buying a stock when it falls is always a good strategy
๐Ÿ‘‰ the more stocks you own, the better it is!
๐Ÿ‘‰๐Ÿผ gains and losses are considered equal
๐Ÿ‘‰๐Ÿฝ more risk means more returns
๐Ÿ‘‰ a low stock price means it's undervalued
๐Ÿ‘‰๐Ÿฟ everyone needs a financial adviser
๐Ÿ‘‰๐Ÿพ sequence of returns doesn't matter
๐Ÿ‘‰๐Ÿผ dividend yield investing is always good
๐Ÿ‘‰๐Ÿป and a question from Nyasha who asks, "What is a wrap account?"

๐Ÿ›‘ Please read our disclaimer + warnings before listening to this episode
Altus Financial is for medical professionals who want to feel good about their finances. Visit https://bit.ly/altusm3m

Episodes mentioned:
135 gambling vs speculation!
056 what are derivatives (financial)?
203 what is diworsification?
076 what are corporate actions?
077 what is price to earnings ratio (P/E)?
078 what is price to book ratio (P/B)?
028 what is sequence of returns risk?
031 what is dividend investing?
065 dividends vs distributions
102 what is a dividend reinvestment plan (DRP)?
061 what is a trust?

๐Ÿ“ Episode transcript: https://bit.ly/m3meptranscripts
๐Ÿก Join our facebook group for healthcare professionals
๐Ÿ’ธ Quick links to our resources and $20 off The Glen James Spending Plan

my millennial money medical is produced by SYMO interactive, home of my millennial money.

Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf

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Dev Raga Personal FinanceBy Dev Raga


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